M&G PLC Appointment of Non-executive Director (3841I)
01 Aprile 2020 - 11:00AM
UK Regulatory
TIDMMNG
RNS Number : 3841I
M&G PLC
01 April 2020
1 April 2020
M&G PLC APPOINTS MASSIMO TOSATO AS A NON-EXECUTIVE
DIRECTOR
M&G plc, a leading international savings and investments
business, today announces the appointment of Massimo Tosato as a
Non-executive Director.
Mr Tosato will join the M&G plc Board with immediate effect.
He will also become a member of the Remuneration Committee.
In addition, Mr Tosato will become Chair of M&G Group
Limited, the asset management entity and wholly-owned subsidiary of
M&G plc.
He is a Board member of Banca Intermobiliare and a former
Executive Vice Chairman of Schroders plc with more than 30 years'
experience in international financial services.
Mike Evans, Chair of M&G plc, says: "I am delighted to
welcome Massimo to the board. His knowledge of international asset
management, gained over a three-decade career in the industry, will
be a valuable addition to the collective expertise of the current
board."
-Ends-
Enquiries:
Media Investors/Analysts
Richard Miles +44 (0)7833 481923 Spencer Horgan +44 (0)20 3977 7888
Jonathan Miller +44 (0)20 3977 0165
Notes to Editors:
About Massimo Tosato
Massimo Tosato has more than thirty years' experience as an
investment banking and asset management entrepreneur and senior
manager. His career has included 21 years at Schroders, where he
served most recently as Chief Executive of Schroder Investment
Management Limited and Executive Vice Chairman of Schroders plc. He
has also held Board positions at Nutmeg, an online discretionary
investment management start-up, Banca Nazionale del Lavoro, and
served as Vice President of the European Fund and Asset Management
Association (EFAMA). He is currently Non-executive Director of
Banca Intermobiliare and serves on the Board of Overseers of
Columbia Business School in New York and, until 31 March 2020, he
was also Non-executive Director of Pictet Asset Management in
Geneva.
About M&G plc
M&G plc is a leading savings and investments business which
was formed in 2017 through the merger of Prudential plc's UK and
Europe savings and insurance operation and M&G, its
wholly-owned international investment manager. The Company
completed its demerger from Prudential plc on 21 October 2019, when
M&G's shares were admitted to trading on the London Stock
Exchange. As an independent company, M&G plc has a single
corporate identity and continues with two customer-facing brands;
Prudential for savings and insurance customers in the UK and Europe
and for asset management in South Africa and M&G Investments
for asset management clients globally
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END
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